Pricing Manager

BEAUTY BAY; Salford; On-site; GBP 45,000 - 70,000; Full time

Job summary

A leading company in the retail sector is seeking an experienced Pricing Manager to develop and optimize pricing models and strategies. This unique role requires collaboration with senior stakeholders to implement effective pricing frameworks that enhance profitability and customer engagement. The ideal candidate will have a strong analytical background and experience in retail pricing, along with excellent problem-solving abilities. Join a vibrant team at BEAUTY BAY and contribute to shaping the future of their pricing strategy.

Benefits

Staff discount scheme

Regular team socials

Casual dress code

Breakfast provided

Qualifications

• Strong background in pricing analytics in a retail environment.
• Experience in market research and competitive analysis.
• Ability to manage multiple projects in a fast-paced environment.

Responsibilities

• Develop and optimize pricing models that balance profitability and competitiveness.
• Analyze competitor pricing and customer behavior for informed pricing decisions.
• Create pricing architectures for bundles and promotions.

Skills

Analytical skills

Problem-solving skills

Market research

Pricing analytics

Cross-functional collaboration

Education

Experience in pricing analytics role

Tools

Data analysis tools

Job description

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Reporting directly to the CEO, we are looking for an experienced Pricing Manager to join the team at Beauty Bay.

The successful candidate will be the first person to join as a Senior Pricing Advisor, so this role is unique and perfectly positioned for someone who can work closely with senior stakeholders to develop and optimize pricing models that balance profitability, competitiveness, and customer growth.

Your remit will include:

• Developing a pricing structure linked to brand guidelines
• Ensure pricing meets margin guidelines
• Create pricing architecture for bundles and gifting
• Ensuring taxes and duties are set up correctly by country
• Foreign exchange management/optimisation of international pricing

Aligning Business Strategy & Pricing

• Identify opportunities for pricing optimization, revenue growth and increased contribution
• Analysing competitor landscape, competitor pricing, and customer behaviour to inform pricing decisions
• Monitor & evaluate the effectiveness of pricing strategies to ensure competitiveness and profitability, adjusting as needed
• Analysing sales and stock to determine how pricing can support sales demand of fast and slow-moving stock
• Understand price elasticity and use this to predict demand
• Creating specific pricing strategies based on territory
• Ensure discounting and promotional activity is planned and optimised

Analysis & Reporting

• Develop guardrails for the business to follow (e.g. floor margins, discounting approach, brand inclusions & exclusions)
• Conduct pricing and margin checks
• Support future buys with pricing insight to avoid buying into product that only sells at high discount.
• Build reporting for business wide understanding and visibility of pricing and its impact
• Present insights and recommendations to senior management to help influence short and long-term decisions.
• Drive the continuous improvement of pricing tools, processes, and governance

About you

• Naturally curious, analytical, and commercially driven with a strong background in pricing analytics. Experience in a similar, hands-on pricing role in a retail environment is preferred
• Deep understanding of pricing, promotional effectiveness, and retail trading
• Solid analytical and problem-solving skills
• Proficiency in data analysis tools and software and great attention to detail
• Experience in market research and competitive analysis
• Able to present a reliable ‘story’ using data and insights
• Confident working cross-functionally
• Highly organised and able manage multiple projects in a fast-paced environment

What we offer

Alongside a competitive salary, we like a relaxed working environment and there’s always a buzz about our offices!

Breakfast is on us and we have a casual dress code. We offer a generous staff discount scheme, regular team socials and more….

There’s nothing that excites us more than hiring great talent, fuelling it, then letting it fly. We’d love to hear from you today, so get in touch with our Talent team @ [e-mail]

Here at BEAUTY BAY we want all of our colleagues to be able to bring their true selves to work. As an employer we are committed to promoting a diverse and inclusive community and we welcome everyone from all walks of life.

Please note we will not accept applications from recruitment agencies

Seniority level

• Seniority level

  Director

Employment type

• Employment type

  Full-time

Job function

• Job function

  Purchasing, Product Management, and General Business

• Industries

  Retail

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